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| Designer
Wear Company Braces Sidat Hyder – Financials
J.
or Junaid Jamshed, a leading label and designer wear outlet
for men and women, has defined and raised the standards
of quality fabric in the country in a very short span
of time. The company’s detail to quality, service
delivery and innovation within the cultural boundaries
has created a strong brand.
In line with J.’s vision, the company
has recently acquired Sidat Hyder – Financials to
streamline and automate its business processes. As one
of the market leaders in the manufacturing and retailing
of designer wear, J. does not compromise
on quality whether it is the deliverable product or the
technology facilitating the business at the back-end.
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| QSR
solution goes Live at KFC Zamzama
KFC master franchisee, Cupola Pakistan
(Pvt) Ltd. has been one of the early users of Sidat Hyder
– Supply Chain Management solutions which is the basis
to manage all the Supply Chain activities countrywide.
Complimenting its SCM product line, Sidat Hyder Morshed
Associates has developed a Quick-Service Restaurant solution
(QSR) to replace the existing RSS systems in use with KFC
here in Pakistan. The solution has been recently deployed
at the first site now going LIVE in Karachi.
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The front-end application runs on a touch-screen
display and is fully integrated with the SCM, thereby offering an
end-to-end functionality by catering to restaurant needs and the
complete cycle of over-the-counter sales, purchase & inventory
management.
| CREDIT
CHEX runs on Sidat Hyder – FINANCIALS
CREDIT CHEX, is a joint
venture between Jahangir Siddiqui Group & DCD Group. Recently
established CREDITCHEX has acquired an exclusive license from
Experian for its credit information and bureau services in
Pakistan. They will launch commercial credit and information
bureau services in Pakistan based on international standards
set forth by Experian.
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| Engineering
Associates (EA) runs on Sidat Hyder – Financials
EA is a full service Engineering and
Project Management firm with diversity of disciplines and
expertise in multiple services having its head office in Karachi
and branch offices at Dubai, Abu Dhabi and Al-Ain in UAE,
Islamabad, Lahore, Hyderabad and Gwadar in Pakistan and Muzaffarabad
in AJK.
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| IGI
Funds Go Live
IGI Funds Limited - IGIFL (formerly
known as First International Capital Management Limited) is
a group company of the IGI Financial Services and Packages
Limited. IGIFL plans to launch a spectrum of mutual funds
intended for the institutional as well as retail client base.
The guiding premise for IGIFL’s business growth model
is providing investment solutions and products designed to
address expressed investor needs.
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IGIFL entered the marketplace with
IGI Income Fund (IGIIF) in an effort to provide investors with a
liquid and fixed-income portfolio product. Currently, the IGIFL
software is running live with Sidat Hyder – Solution for Mutual
Funds. These integrated solutions are operating on a live environment
platform and further automation to link up with the IGI Group CRM
is underway.
| WE
Financials Go Live
WE Investment Management Limited (WEi),
under its experienced management, successfully launched its
first Closed-End Fund (WE Balanced Fund). The investment strategy
of the fund is to invest in large, blue chip companies, high
quality bonds, TFCs and Money Market instruments in order
to create a quality portfolio, which provides investors with
consistent capital gains, and income.
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| Technology
Advancement at Paragon Constructors
Paragon Constructors is the flagship
company of Paragon Group of Companies, a business venture
that provides a wide range of services meeting the requirements
of the construction industry.
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Paragon was amongst the very
few Pakistani constructors to acquire and implement Information
Technology across the organization to streamline and expedite processes.
By acquiring Sidat Hyder—Information Solutions,
Paragon has automated major business areas, allowing quick access
to accurate data and a fully-integrated environment between all
the divisions of the company. Its recent implementation of the organization-wide
ERP (provided by Sidat Hyder), which includes General Ledger,
Fixed Assets, Supply Chain Management (Inventory & Purchase),
Human Capital Management with Payroll, Labor Wages System, Equipment
Management System and Contract Management System, will surely
enhance the quality of service.
KPT Goes Live With Sidat Hyder – Financials
The KPT Finance department has successfully
gone live with Sidat Hyder – FINANCIALS accounting suite.
Working with all the different departments, the project also entailed
complete data entry and reconciliation of accounts which was carried
out with deployment of external resources in order to meet management
deadline and expectations.
With two years of data entered into the system, integration with the
existing payroll application and provision for further linkage with
other KPT applications software, the KPT Finance department is now
managing and using the application software independently and effectively.
It is envisaged that with such a system in place, the overall reporting
time and efficiency is bound to improve with more robust internal
controls and improvement in cash flow and financial management.
Sidat Hyder – Financials Now in Afghanistan
Habib Gulzar Group is one of the leading business
groups in Afghanistan today. As the development work has picked up
momentum in the country, and the economy is shaping up, Sidat Hyder
has moved ahead to introduce and implement Sidat Hyder - information
solutions at Habib Gulzar Group in Kabul. Core Financials and Inventory
management solutions are now being implemented with customization
to meet the local statutory and reporting requirements. Habib
Gulzar will be able to better manage its inventory through improved
controls and enhanced reporting at Regional and International levels.
Outsourcing: D’Agro Outsources its operations
Dow AgroSciences is a global leader in
providing pest management and biotechnology products that improve
the quality of the earth's food supply and contribute to the health
and quality of life of the world's growing population. Dow AgroSciences
is a wholly-owned subsidiary of The Dow Chemical Company.
D’Agro (Pvt) Ltd., the Pakistan office of the company after
successfully implementing Sidat Hyder – information solution,
has now outsourced the IS operations for Sales and SCM. Our dedicated
resources now manage all the transaction processing and reporting
operations and have taken the responsibility to provide staff and
services in peak and off peak seasons. The engagement involves managing
operations from nine different distribution locations across the country.
Besides enhanced and improved reporting levels, the engagement has
yield better internal controls, cost savings and risk minimization
on accounting of institutionalization of these operations.
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Solution for Home Textiles: Adamjee Enterprises
Going Live
Pakistan is a Textile
country with our major workforce engaged in this industry. Home Textiles
serves as one of the main export categories for Pakistan to the USA
and EU.
With continuous and diligent efforts our SCM solutions has now been
geared up to meet the requirements for any Home Textile processing
and exports unit.
Adamjee Enterprises is one of the leading Home Textiles producers
and exporters from Pakistan. Working jointly with the company’s
professional management, we are now going live with our SCM implementation.
Adamjee Enterprises already uses Sidat Hyder FINANCIALS and HCM and
with the SCM going live, this is going to serve as an integrated system
for the company and basis for management reporting and controls.
SHMA Implements SAP at PTC
In
May 2004, Pakistan Tobacco Company launched its SAP implementation
project to replace the CS/3 system. The objective of this initiative
was to conform to British American Tobacco’s global technology
standard and to align PTC’s business processes with those of
other countries in the region. Before
taking the plunge, for local implementation support PTC contacted
a number of professional services firms and SAP service providers.
After a rigorous evaluation and selection process, they decided
to engage SHMA. The selection criterion that weighed heavily in
SHMA’s favor is the functional knowledge and business process
expertise of our resources. PTC teamed up SHMA’s consultants
with BAT’s SAP resources from its Global Services Division
from Kuala Lumpur, Malaysia.
Management targeted January 2005
to go-live on SAP. This appeared to be a daunting and ambitious
target to achieve. No other company in Pakistan, national or multinational,
had done what PTC set out to do within this short time span. However,
the “can-do” and positive attitude of the project team
and the support from PTC’s project management made the impossible
possible. SAP is now operational at PTC’s head office, two
factories, four regional offices, and 14 warehouses across Pakistan.
Data is captured at the source and once. Business rules, access
rights and privileges, data validation guidelines are built into
the system.
Among the significant contributions
SHMA consultants made on the project include, rationalization of
the chart of accounts and reports; configuration and implementation
of the Distribution Resource Planning functionality, which is not
available in standard SAP; and programming of a number of non-standard
SAP reports, to name a few.
On 21 March 2005, in a glittering
ceremony to mark successful closure of the implementation phase,
Mr. Jeremy Pike, Chief Executive of PTC recognized SHMA’s
effort and awarded a commemorative plaque. Following successful
closure of the implementation phase, PTC has now engaged SHMA for
post-implementation support.
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